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☆ NASA chief calls for investigation into report that Musk and Putin have spoken regularly
▼ + stars: | 2024-10-25 | by ( Shania Shelton | ) edition.cnn.com time to read: +3 min

CNN —NASA Administrator Bill Nelson on Friday called for an investigation into a Wall Street Journal report that SpaceX founder and Donald Trump ally Elon Musk and Russian President Vladimir Putin have been in “regular contact” since late 2022. Musk also held his own town halls last week in Pennsylvania, where he urged voters to support Trump and promoted several debunked conspiracy theories about the 2020 election. The two have publicly discussed a potential government role for Musk. In recent days, Musk also offered splashy, $1 million daily sweepstakes for swing-state voters that has drawn scrutiny from the US Justice Department. Despite a warning from the Justice Department that the payments might be illegal, Musk’s super PAC awarded two $1 million prizes to registered voters in Michigan and Wisconsin on Thursday.

Persons: Bill Nelson, Donald Trump, Elon Musk, Vladimir Putin, ” Nelson, Semafor’s Burgess Everett, “, Putin, Musk, Xi Jinping, ” Musk, John Kirby, ”, Dmitry Peskov, Tesla, Trump, CNN’s Jackie Wattles Organizations: CNN, NASA, Journal, SpaceX, Department of Defense, White, Putin, National Security, Pentagon, Defense Department, Trump, US Justice Department, Justice Department, Musk’s Locations: Russian, Russia, Taiwan, Butler , Pennsylvania, Pennsylvania, Michigan, Wisconsin

☆ Elon Musk is going 'founder mode' in his bid to get Donald Trump elected
▼ + stars: | 2024-10-25 | by ( Tim Paradis | ) www.businessinsider.com time to read: +5 min

Musk is now deploying his trademark intensity, money, and norm-smashing to elevate a brand beyond his business empire: Donald Trump. Musk going Founder Mode is compelling to many. It could mean more of them become invested in Trump's campaign than might have otherwise, Ferrari Braun said. Ferrari Braun said Musk uses his celebrity to get people to buy into a vision. "He's trying to do the same thing for the election," Ferrari Braun said.

Persons: Elon, Donald Trump, Musk, —, Elon Musk, Brian Ott, Trump, Harris, It's, Agustin Ferrari Braun, Ferrari Braun Organizations: Pro, Trump America PAC, Service, Twitter, Trump, Business, Department of Communication, Media, Journalism, Missouri State University, The New York Times, Siena, University of Amsterdam, Tesla Locations: Pennsylvania, America, Swatara Township, Butler , Pennsylvania

☆ Alphabet's self-driving unit Waymo closes $5.6 billion funding round as robotaxi race heats up in the U.S.
▼ + stars: | 2024-10-25 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +4 min

Waymo has closed a $5.6 billion funding round to expand its robotaxi service in and beyond Los Angeles, San Francisco and Phoenix, where it operates today. In a statement to CNBC, Waymo co-CEOs Tekedra Mawakana and Dmitri Dolgov said the funding would go toward expansion and advancing the Waymo Driver for business applications. The series C funding brings Waymo's total capital raised to $11.1 billion after it raised $3.2 billion and $2.5 billion in two earlier rounds. Waymo now conducts more than 100,000 weekly trips for passengers in Los Angeles, Phoenix and San Francisco, who can hail their robotaxis via the Waymo One app. More recently, Waymo partnered with Uber to launch its robotaxi service in Austin, Texas — home of would-be rival Tesla's headquarters.

Persons: Waymo, Andreessen Horowitz, Perry, Rowe Price, Tekedra Mawakana, Dmitri Dolgov, Uber, Ruth Porat, Elon Musk, Tesla, Timothy B, Lee . Organizations: Google, Fidelity, Tiger Global, CNBC, Tesla's, GM, Cruise, Pew Research Center, Hyundai Locations: Los Angeles, San Francisco, Phoenix, Waymo, Silver, Austin, Atlanta, U.S, Austin , Texas, Texas, California, Korean, New York, Michigan

☆ Arthur Blank joins 'Business Leaders for Harris' as his former business partner funnels money to Trump
▼ + stars: | 2024-10-25 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +3 min

Home Depot cofounder and billionaire Arthur Blank joins business leaders supporting Harris. The group "Business Leaders for Harris" also includes Mark Cuban, Reid Hoffman, and Reed Hastings. AdvertisementA group of prominent business leaders supporting Vice President Kamala Harris is expanding its ranks to include Arthur Blank, co-founder of Home Depot and owner of the Atlanta Falcons. In a statement about joining Business Leaders for Harris, Blank celebrated Harris' commitment to his core value of inclusion. In addition to Blank, Fulbright Bank chairman and former Democratic congressman John Delaney joined Business Leaders for Harris.

Persons: Arthur Blank, Harris, Mark Cuban, Reid Hoffman, Reed Hastings, —, Kamala Harris, Bernie Marcus, Donald Trump's, Marcus, MAGA, Marc Andreesen, Bill Ackman, Elon Musk, Trump, She's, Blank, John Delaney Organizations: Trump, Service, Home Depot, Atlanta Falcons, titans, Netflix, GOP, Depot, Blank, Business, Fulbright Bank, Democratic, YouTube Locations: Pennsylvania , Michigan, Wisconsin

☆ Tesla's energy storage business was the highlight of its blowout earnings, and Elon Musk says it's 'growing like wildfire'
▼ + stars: | 2024-10-25 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

Its energy business grew by over 50% year over year, earning Tesla over $7 billion in revenue so far in 2024. Elon Musk said on Tesla's earnings call that the energy unit is "growing like wildfire." Revenue for Tesla's energy generation and storage business was nearly $2.4 billion in the third quarter of 2024, up 52% from the same period last year. Advertisement"The energy storage business is growing like wildfire, with strong demand for both Megapack and Powerwall," Musk said. The billionaire said that Tesla's Megapack factory in Lathrop, California, had hit an important production milestone of 200 units per week.

Persons: Tesla, Elon Musk, —, it's, Elon Musk's, That's, Musk Organizations: Service, Tesla Locations: Lathrop , California, Shanghai, Megapack

☆ Bolt CEO changes RTO policy to 'stop the insanity of people working remotely from places like Bali.' Read the memo.
▼ + stars: | 2024-10-25 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +8 min

The CEO of European ride-hailing app Bolt is mandating workers return to the office 12 days a month. AdvertisementThe CEO of European mobility app Bolt didn't mince words earlier this month when calling workers back to the office. "We will stop the insanity of people working remotely from places like Bali," he said. "We believe that in-person collaboration drives innovation and performance, and our existing policy advises employees to work from a Bolt office for 2-3 days a week," a Bolt spokesperson said. "Starting from 1 January, this policy will be formalised with employees being asked to work from a Bolt office 12 days per month.

Persons: Markus Villig, Bolt, —, Villig, Elon Musk, flexibly, it'd, Read Organizations: Service, Business, Apple, Amazon, Sequoia Capital, Fidelity Management, Team, – Locations: Bali, Tallinn, Estonia, – Tallinn

☆ Elon Musk has spent more than $130 million on Trump and the GOP this year
▼ + stars: | 2024-10-25 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

Elon Musk's publicly disclosed spending for Trump and Republicans has exceeded $130 million. He also gave $10 million to a Mitch McConnell-aligned super PAC that helps elect Senate Republicans. AdvertisementElon Musk has now spent more than $130 million this year to elect Donald Trump and other Republican candidates, according to documents filed with the Federal Election Commission on Thursday. After pouring nearly $75 million into America PAC between July and September, Musk contributed another $43.6 million to the super PAC in the first two weeks of October. AdvertisementAltogether, Musk's publicly reported spending exceeds $130 million, though it's possible he's spent more than that on the election.

Persons: Elon Musk's, Mitch McConnell, —, Elon Musk, Donald Trump, Musk, Tony Gonzales, Musk's, Kamala Harris Organizations: Trump, Republicans, Trump " America PAC, Service, Republican, Federal, America PAC, businessman's, Leadership Fund, Senate Republicans, Leadership Alliance, National Republican Congressional Committee, House Republicans, titans, Department of Justice Locations: Tony Gonzales of Texas, Israel, Pennsylvania

☆ Inside Wall Street's efforts to value OpenAI: Who's involved, how it could work, and what's at stake for the banks
▼ + stars: | 2024-10-25 | by ( Reed Alexander | ) www.businessinsider.com time to read: +9 min

Here's how the process could work and what Wall Street bankers stand to gain. AdvertisementAs third-quarter earnings demonstrated, Wall Street dealmaking appears to be bouncing back after three years of lackluster activity. Spokespersons for both Goldman Sachs and Morgan Stanley declined to comment or confirm their reported participation in the project. The two investment bankers – neither of whom are affiliated with Goldman, Morgan Stanley, OpenAI, or Microsoft — requested anonymity to preserve industry relationships. Largely speaking, however, Wall Street is poised to win, Roberts said.

Persons: Goldman Sachs, Morgan Stanley, —, OpenAI, –, Morgan Stanley's, PwC, Michael Roberts, Morgan, Roberts, Wharton, dealmaker, Sam Altman, Altman, Elon Musk, Reed Alexander Organizations: Service, Wall Street Journal, Microsoft, The, BI, Wharton School, University of Pennsylvania, Goldman, Wall Street, Wharton, dealmakers, Apple, Tesla Locations: San Francisco, Silicon Valley

☆ Elon Musk’s super PAC awards $1 million prizes to 2 registered voters, despite DOJ warning
▼ + stars: | 2024-10-25 | by ( Marshall Cohen | ) edition.cnn.com time to read: +3 min

CNN —Elon Musk’s super PAC awarded two $1 million prizes to registered voters in Michigan and Wisconsin on Thursday, after being warned by the Justice Department that the payments might be illegal. Musk, the CEO of Tesla and the richest man in the world, launched the sweepstakes on Saturday and his super PAC had named a winner each day – until Wednesday. The group has not provided any public explanation for the apparent one-day pause, and a spokesperson for the super PAC declined to comment. Federal filings show Musk has given nearly $119 million – including about $44 million in October – to America PAC, the super PAC he helped form to reelect Trump. He has said he hopes the sweepstakes will boost registration among Trump voters.

Persons: CNN — Elon, Donald Trump, Tesla, It’s, Musk, Josh Shapiro, reelect Trump, Trump, Betsy DeVos, Kamala Harris ’, CNN’s David Wright Organizations: CNN, CNN — Elon Musk’s, Justice Department, PAC, Trump, ”, Pennsylvania, Democrat, America PAC Locations: Michigan, Wisconsin, Pennsylvania, –

☆ Senators call for DOJ probe into Elon Musk's $1 million giveaway
▼ + stars: | 2024-10-25 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +2 min

Elon Musk's $1 million giveaway to registered voters has raised legal questions. AdvertisementTwo Democratic members of the Senate Judiciary Committee are calling on the Department of Justice to launch an investigation into Elon Musk. AdvertisementThey noted that Musk's giveaway, which requires participants to be registered to vote in order to participate, may violate laws that forbid paying people to vote, or register to vote. Welch and Blumenthal argued that Musk's giveaway is "explicitly designed to induce people to register to vote." Spokespeople for America PAC and the Department of Justice did not immediately respond to a request for comment.

Persons: Elon Musk's, —, Musk, Donald Trump, Peter Welch of Vermont, Richard Blumenthal, General Merrick Garland, Welch, Blumenthal, Garland, Spokespeople, Read Organizations: of Justice, DOJ, Service, Department of Justice, Elon, America PAC, Sens, Senate Locations: Connecticut

☆ CNBC Daily Open: In this time of uncertainty, logic is driving market moves
▼ + stars: | 2024-10-25 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +3 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. [PRO] Possible S&P 5% pullback Earlier this week, the S&P 500 fell for three consecutive days, the first time since early September. The influence of the meridian sunspot over the rising moon, for instance, could cast a shadow over the S&P and cause it to slip. The bad news is that markets might again be swayed more strongly by emotions – as the word "relief" suggests.

Persons: BTIG, Billy Zhang, John Maynard Keynes, Tesla, Dow, Andy Sieg, –, —, Sarah Min, Pia Singh, Lisa Kailai Han Organizations: CNBC, Google, Microsoft, Wall, Nasdaq, Dow, Boeing, IBM, U.S

☆ Putin once asked Elon Musk to not activate Starlink over Taiwan as a favor to Xi Jinping: report
▼ + stars: | 2024-10-25 | by ( Matthew Loh | ) www.businessinsider.com time to read: +6 min

Vladimir Putin asked Elon Musk to withhold Starlink from Taiwan as a favor to China, per The Wall Street Journal. Musk has been in regular contact with Putin since 2022, the Journal reported, citing officials. AdvertisementRussian leader Vladimir Putin once asked Elon Musk to withhold Starlink access from Taiwan as a favor to China's Xi Jinping, The Wall Street Journal reported. AdvertisementThe Journal reported that in late 2023, Musk received his first request from the Kremlin to refrain from activating Starlink over Taiwan. Musk, SpaceX, the Pentagon, and NASA also did not respond to similar comment requests.

Persons: Vladimir Putin, Elon Musk, Musk, Putin, —, Xi, Defense Department —, Ian Bremmer, Per Bremmer, Dmitry Peskov, Peskov, Musk's, Donald Trump, Karoline Leavitt, there's, it's President Trump, Leavitt, Trump Organizations: Street, Service, Street Journal, SpaceX, Pentagon, NASA, The New York Times, Defense Department, Business, New York Times, Eurasia Group, Kremlin, Putin, Trump, it's, Republican Locations: Starlink, Taiwan, China, Moscow, Beijing, Europe, Russia, Russian, Washington, Ukraine, Crimea

☆ How to capitalize on the Tesla volatility by creating a 'synthetic dividend'
▼ + stars: | 2024-10-25 | by ( Jeff Kilburg | ) www.cnbc.com time to read: +4 min

Tesla (TSLA) surged more than 20% post earnings as CEO Elon Musk delivered an encouraging forecast and revealed surging sales in his electric vehicle company. This short-covering created a significant increase in volatility making option premiums increase lock-in-step. Volatility is a known characteristic for Tesla as the stock has a beta of 2.29, more than double that of the S & P 500. And Tesla earnings have historically created volatility in the stock. DISCLOSURES: (Long Tesla, sold this put spread, also short TSLA o-t-m calls and put options.)

Persons: Tesla, Elon Musk, Kilburg, YTD Musk Organizations: Shareholders, EV, CNBC, NBC UNIVERSAL Locations: TSLA, Tesla

☆ CNBC Daily Open: In this time of uncertainty, markets seem to rely on logic
▼ + stars: | 2024-10-25 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +3 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Amazon and Apple report earnings on Thursday, Oct. 31. Tariffs of China's steel exports China's steel exports will hit 109 million tons this year , the highest level since 2016, estimate strategists at Macquarie Capital. However, countries around the world are implementing tariffs on Chinese steel, which analysts predict will lower the country's steel exports starting 2025.

Persons: John Maynard Keynes, Tesla, Dow, Andy Sieg, –, —, Sarah Min, Pia Singh, Lisa Kailai Han Organizations: New York Stock Exchange, CNBC, Apple, Itau, Macquarie Capital, Wall, Nasdaq, Dow, Boeing, IBM, U.S Locations: New York City, U.S, Latin America, China

A day after its sharpest rally since 2013, Tesla's stock on Friday headed for its highest close in more than a year as investors and analysts continued to applaud the electric vehicle company's third-quarter results. Tesla shares rose 2.8% on Friday morning to $267.79, putting the stock on pace for its highest finish since September 2023. The firm, which already had a buy rating on the stock, said it was increasing its 12-month price stock prediction to $315 from $310 "to reflect higher deliveries and higher margins." Still, Tesla's stock remains about 35% below its all-time high reached in 2021. WATCH: Tesla's price war is over

Persons: Elon Musk, Mark Read, Piper Sandler, Tesla, FactSet, Musk, Larry Ellison, Li Auto, Bernstein Organizations: Cannes Lions, JPMorgan, Forbes, Tesla, Ford, General Motors Locations: Cannes, France, FSD, California, Texas, China, U.S

Fifty-five hard-to-miss nuns of the Benedictine Sisters of Erie. These sisters don’t deserve to be put down by some misinformation that we’re a sham, that we’re a fraud,” said the prioress, Sister Stephanie Schmidt. Sister Stephanie Schmidt speaks during an interview with CNN, in Erie, Pennsylvania. Because the Benedictine Sisters don’t sit still. “If the 53 people registered at this address are legal voters… then I encourage them to participate in their right to vote,” Maloney posted.

Persons: Donald Trump, Joe Biden, Cliff Maloney, Pennsylvania Chase, “ We’re, Annette Marshall, I’ve, “ We’ve, ”, Stephanie Schmidt, Maloney, Al Schmidt, Sister Schmidt, Barack Obama, Diane Rabe, don’t, Sister Marshall, Theresa Zoky, Sister Linda Romey, “, Diane Cook, they’d, Sister Cook, Trump, Roger Stone, ” Maloney, Elon Musk, Tesla, Sisters don’t, Maloney “, …, We’re, they’ll Organizations: Pennsylvania CNN, Republican, Benedictine, CNN, Trump, Erie, Biden, Democratic, Trump . America PAC, Action, America PAC retweeted, Sisters Locations: Erie, Pennsylvania, East, Erie County, Erie , Pennsylvania, “, North Carolina , Michigan, Nevada, Wisconsin

☆ Big Tech goes nuclear: Amazon's pitch to use power plants shows the crucial role the energy source plays for AI
▼ + stars: | 2024-10-25 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, inside Amazon's internal pitch for turning to nuclear power to meet its growing energy needs . AdvertisementThat's led Big Tech to consider nuclear power to address its skyrocketing energy requirements. Nuclear power ticks that box better than other clean energy options like solar or wind. Nuclear power, meanwhile, is an industry in desperate need of some love , BI's Daniel Geiger and Ellen Thomas previously reported. From advertising platforms to AI tech companies, here's the startups to watch .

Persons: —, Jocko Willink, we've, Jenny Chang, Rodriguez, That's, Business Insider's Eugene Kim, Andy Jassy, it's, Sam Altman, Eugene, BI's Hasan Chowdhury, BI's Daniel Geiger, Ellen Thomas, Jim Burke, Vistra, Chelsea Jia Feng, Elon Musk, Jean Boivin, He's, Marc Benioff isn't, bashed, Miles Brundage, OpenAI, Emma Tucker's, Tucker, Mike Jeffries, SpaceX's, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Milan Sehmbi Organizations: Business, Service, Navy, Big Tech, Amazon, Microsoft, Google, Keystone, Hulton, Constellation Energy, Getty, EV, BlackRock Investment Institute, San Francisco, BI, AGI, Abercrombie, Fitch Locations: Fukushima, Pennsylvania, Arizona, New York, London

Their memories are so short,” the man said, incredulous that any union member in Wisconsin is now backing Trump. Teamsters members who backed Harris carried out what’s considered by the campaign to be among the most persuasive of arguments: those made peer to peer. After the news broke that the national organization wouldn’t endorse Harris, however, local Teamsters groups, including many of the largest, swiftly backed Harris. Trump’s a scab!”The United Auto Workers union, which has a vast representation in the swing state of Michigan, has also put its weight behind Harris. It’s my tax money going to union workers,” Jones said.

Persons: Kamala Harris, Scott Walker’s, Donald Trump, “, Trump, ”, Harris, Tim Walz, Democratic Sen, Tammy Baldwin, what’s, Elon Musk, ” Josh Orton, Harris ’, Bill Carroll, Mandel Ngan, Sean O’Brien, Joe Biden, Karoline Leavitt, ” Leavitt, Leavitt, Jim Ridderbush, ” Ridderbush, didn’t, Shawn Fain, Biden, John A, Daniel Jones, “ That’s, ” Jones, “ Donald Trump, he’d, Scott Walker, Tesla, “ I’m Trump, ” Jacob Ralph, Lori Jensen, Sean O’Brien didn’t, Sean, “ I’ll Organizations: Teamsters, Republican Gov, Gov, Democratic, Trump, NBC News, Getty, International Brotherhood of Teamsters, United Food, Commercial Workers, “, United Auto Workers union, Biden, Neenah Locations: OSHKOSH, Wisconsin, Foxconn, Michigan, Pennsylvania, Madison, Wis, AFP, Green Bay, Oshkosh, Duluth , Minnesota, Superior , Wisconsin

Rep. Nancy Mace, R-S.C., chair of the House Oversight Subcommittee on Cybersecurity, Information Technology and Government Innovation, is seeking communications between the administration and social media companies, like Facebook-owner Meta. “The Biden-Harris Administration has advertised its willingness to manipulate the content of social media sites,” Mace wrote, pointing to the administration’s 2021 admission that it worked with social media companies to flag misinformation on their platforms, including related to Covid-19. “The White House has not apologized for this activity or indicated that it would cease and desist from engaging in such behavior," Mace continued. Conservatives have accused the White House of pressuring companies like Meta and Twitter to take down content that didn’t serve the administration politically. The White House didn't immediately respond to a request for comment.

Persons: WASHINGTON, Biden, Nancy Mace, Meta, Mace, “ The, Harris, ” Mace, “, Amy Coney Barrett, Mark Zuckerberg, Brendan Carr, Carr, Gerry Connolly, Elon Musk, didn't Organizations: Republican, Technology, Government, Facebook, NBC News, White, “ The Biden, Harris Administration, Meta, Twitter, House Republicans, Federal Communications Commission's, Biden, Trump Locations: Virginia

And among young voters who say they will vote in the presidential election in November, Harris leads 56%-36%, a 20-point advantage. Young women said they’ll vote for Harris over Trump by a 33-point margin. The gender differences splashed across the issues young voters say are most important to their vote. Roughly a third of young voters said they’ll pay attention to endorsements by political leaders (38%) and organizations to which they belong (31%). One-third of young voters have a positive view of Trump’s VP pick, JD Vance, and 45% have a negative view of him.

Persons: Kamala Harris, Donald Trump, Harris, Trump, that’s, Joe Biden, Taylor Swift, Elon Musk, Elon, Swift, Tim Walz, JD Vance, Walz, Vance Organizations: NBC, Trump, Democratic National Convention, SurveyMonkey, American, Survey

☆ Tesla shares jump on profit beat, Elon Musk's prediction of at least 20% 'vehicle growth' next year
▼ + stars: | 2024-10-24 | by ( Lora Kolodny | ) www.nbcnews.com time to read: +6 min

Automotive revenue increased 2% to $20 billion from $19.63 billion in the same period a year earlier and is about flat since late 2022. Energy generation and storage revenue soared 52% to $2.38 billion, while services and other revenue, which includes revenue from non-warranty repairs of Tesla vehicles, jumped 29% to $2.79 billion. Earlier this month, Tesla reported third-quarter vehicle deliveries of 462,890. While deliveries increased 6% from a year earlier, they fell shy of analysts’ expectations and followed two straight quarters of year-over-year declines. “Despite ongoing macroeconomic conditions, we expect to achieve slight growth in vehicle deliveries in 2024,” the company said in its earnings deck Wednesday.

Persons: Tesla, Elon Musk, FactSet, Musk, ” Tesla, “, Kelley, Vaibhav Taneja, Li Auto, Donald Trump, Trump, doesn’t Organizations: Revenue, Energy, that’s, California Public Utilities, Li, Ford, General Motors, Trump, Nasdaq Locations: Texas, California, Bay, U.S, China, Harrisburg , Pennsylvania

➡️ In a CNN town hall, Harris called Trump a “fascist” and said he suggested he is unfit for office. Earlier in the day, she blasted Trump’s reported praise of Hitler. ➡️ The Harris campaign says it’s preparing for a deluge of litigation before and after Election Day. ➡️ Seven maps show how Trump, Harris and their running mates are dividing their time in critical swing states. ➡️ Trump’s reported racist insult about a slain Mexican American soldier has drawn backlash and staunch denials.

Persons: Donald Trump isn’t, McDonald’s, Trump, Harris, Donald Trump, Kamala Harris, they’ve, ”, Tim Walz, ➡️ Harris, Trump’s, Hitler, ➡️, Hillary Clinton, Elon Musk’s, ➡️ Trump’s, ➡️ Trump, Boeing machinists, machinists, Helene, Peter O’Leary, O’Leary, Robert Card, George Frey, Gaza Mahmoud Issa, Chantal Da Silva, Elizabeth Robinson Organizations: Boeing, NBC, Israel, CNN, Steelers, Trump, State, DOJ, GOP, CDC, NBC News, FEMA, Semaglutide, PBS, Anadolu, Getty, United Nations, NBC News ’, Atlas Coffee Locations: Traverse City , Michigan, Detroit, New York, Pittsburgh, Mexican, Colorado, Here’s, U.S, North Carolina, Chimney Rock , North Carolina, Pennsylvania, Lewiston , Maine, Wyoming, Jackson , Wyoming, Georgia, Gaza

☆ The Atlantic responds to Elon Musk sharing fake image of magazine
▼ + stars: | 2024-10-24 | by ( Bruna Horvath | Bruna Horvath Is An Intern On Nbc News' Tech Team. | ) www.nbcnews.com time to read: +5 min

The Atlantic magazine has found itself in Elon Musk’s crosshairs after it fact-checked a fake image he shared that depicted an article with a headline that never actually ran in the publication. The statement did not mention Musk by name. According to The Atlantic, it is one of several notable instances in the last several years in which faked images of articles from the magazine have gone viral. Both Musk’s and the user’s posts with the fake article were later marked with “Community Note” that clarified that the image was “not a real article.” The Community Note also attributed the edited image to the user and said it was “a satirical edit/photoshop of another article.” Musk did not respond to a request for comment. Forbes reported that in August, Musk reshared a post including a manipulated headline that resembled the British newspaper The Telegraph.

Persons: Elon Musk’s, “ Trump, ”, Musk, “, haring, ake, ike, ould, egan, ince, ike F all” Organizations: The, ats Locations: Elon, tring, ashington, ost, usk

☆ Gianarikas: Tesla's margins were exceptional in Q3, as production costs have come down
▼ + stars: | 2024-10-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGianarikas: Tesla's margins were exceptional in Q3, as production costs have come downCannacord Genuity's George Gianarikas discusses Tesla's strong Q3 results, and how it could possibly achieve the 20-30% volume growth target laid out by CEO Elon Musk.

Persons: George Gianarikas, Elon Musk

☆ Why Walmart stock keeps hitting new highs, making the Waltons richer than ever
▼ + stars: | 2024-10-24 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +7 min

Walmart stock has soared 58% this year to record highs, making its founding family richer than ever. Retail legend Sam Walton's three surviving children are each worth more than $100 billion. Walmart and the Waltons have benefited from a signature strategy and cost pressures on consumers. The stock surge has added more than $32 billion to the fortunes of each of founder Sam Walton's three surviving children — Jim, Rob, and Alice. But it's true the vast majority of the family fortune remains in the hands of Sam Walton's children.

Persons: Sam Walton's, —, they're, Jim, Rob, Alice, Elon Musk, David King, who've, King, Art Weinstein, Florida who's, Weinstein, Sam Walton shrewdly, . King, Jeff Bezos, Mark Zuckerberg, Sam Walton, John T, Lukas Walton, it's Organizations: Walmart, Waltons, Service, Bloomberg, Elon, Sam's, Management, Florida State University, Logistics, Procter, Nova Southeastern University, Tech, Tesla, SpaceX, Amazon Locations: Florida

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